CareCredit GE MoneyBank
Credit Limit Cut to $500 Despite Years of On-Time Payments

I started out a few years ago with a $5,000 credit limit with Care Credit when I got braces on my teeth, and I faithfully paid them, on time, and used the line of credit several times after the initial time.

I never made a late payment that I can remember, and my balance is now down to under $200.00.

Recently, I got a letter from them stating very strongly that they are reducing my credit limit to $500.00 after a routine review of my credit report & guess what? Not a thing has changed on my credit report since I started using my Care Credit card!

My guess is that because I always paid on time within the no-interest promotion period, they haven't made any money off me and I am not useful to them.

I had referred three family members to Care Credit/GEMB, and all three of them have had problems with them.

I am closing my account with Care Credit immediately. How a company can have this many complaints about them (just Google their name and see how many results come up) and still be in business is beyond me.

Goodbye, Care Credit.

Company: CareCredit GE MoneyBank
Country: USA

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